Indian Valley Education Foundation
- Assets
- $352.5k
- Revenue
- $315.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Souderton, PA
- Founding
- 09/1993
- Data as of
- 06/2021
- EIN
- 23-2688555
Organization Overview
Indian Valley Education Foundation is located in Souderton, PA. The organization was established in 1993. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indian Valley Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Indian Valley Education Foundation generated $315.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $239.7k during the year ending 06/2021. While expenses have increased by 5.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP TEACHERS OF THE SOUDERTON AREA SCHOOL DISTRICT IMPLEMENT INNOVATIVE, CHALLENGING AND MOTIVATING PROGRAMS BY SECURING THE FINANCIAL RESOURCES NEEDED TO FUND THE PROGRAMS FROM INDIVIDUALS, BUSINESS AND OTHER COMMUNITY ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IVEF SUPPORTED NUMEROUS SASD CURRICULUM AND TECHNOLOGY INITIATIVES DURING THE COVID 19 PANDEMIC TO ENSURE STUDENTS WERE SUPPORTED DURING BOTH IN-CLASS AND ON-LINE LEARNING
EITC FUNDS WERE USED FOR TECHNOLOGY PURCHASES TO FACILITATE DISTANCE LEARNING OPPORTUNITIES FOR STUDENTS DURING THE COVID 19 PANDEMIC
THE ORGANIZATION , THROUGH THE ALMAC COPORATION, CREATED A HS CAREER COUNSELING CENTER IN THE HIGH SCHOOL LIBRARY TO PROVIDE AN INTERACTIVE CAREER EXPLORATION TOOL FOR SASD STUDENTS WHILE ALLOWING ALMAC TO IGNITE STUDENT INTEREST IN STEM SUBJECTS.
FUNDING OF VAROUS PROGRAMS FOR THE BENEFIT OF STUDENTS OF THE SOUDERTON AREA SCHOOL DISTRICT, INCLUDING THOSE DESIGNED FOR SCIENCE, MATH, AND TECHNOLOGY, ENVIORMENTAL CONCERNS, CREATIVE ARTS, PHYSICAL FITNESS, LITERACY, PARENT AND GUARDIAN INVOLVEMENT, AND SOCIAL SKILLS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Potter Executive Di | Officer | 30 | $41,930 |
Megan Dick Admin. Assis | Officer | 20 | $8,652 |
Stacy Bucher Secretary | OfficerTrustee | 2 | $0 |
Michael Taylor Treasurer | OfficerTrustee | 2 | $0 |
Katie Kennedy - Reilly Vice Preside | OfficerTrustee | 1 | $0 |
Briana Dona Vice Preside | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $266,419 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $266,419 |
| Total Program Service Revenue | $0 |
| Investment income | $6,397 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $42,474 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $315,290 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $177,403 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $50,582 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,262 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $937 |
| Information technology | $1,732 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,025 |
| All other expenses | $0 |
| Total functional expenses | $239,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,502 |
| Savings and temporary cash investments | $250,001 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $352,503 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $352,503 |
| Total liabilities and net assets/fund balances | $352,503 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Indian Valley Education Foundation has recieved totaling $1,100.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $750 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $250 |
Douglas O And Gail S Tozour Foundation Hilton Head, SC PURPOSE: TO SUPPORT EDUCATION INITIATIVES | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Mastercard Impact Fund Purchase, NY | $207,268,769 | $96,050,288 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Foundation For Advanced Education In The Sciences Inc Bethesda, MD | $54,757,501 | $41,367,941 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |